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Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee.
7 sources compared: Western Alternative (3). Circle defended its USDC economics by saying it kept about 7 cents of profit per revenue dollar in the first half of 202...
Circle reveals it keeps just 7 cents profit per dollar of USDC revenue, defending its thin margins as proof of a sustainable, compliant